Office of Budgets & Planning

The Office of Budgets & Planning is responsible for the stewardship and management of the University-wide operating and capital budget processes and five-year financial plans which are reviewed and approved by Senior Administration and the Board of Trustees.

Operating budget planning, development and monitoring

Endowment modeling and adherence to spending policy

Central administrative budget development

Monthly management reporting

Monitoring of budget variances and recovery

Staff benefit rate calculation

Maintenance of the central cost allocation model

Intranet Budget System coordination and training

Maintenance of standard monthly entries (SMEs) and prorates

Submission to federal, state, local government entities as required

Capital budget development and monitoring

Capital and financial ratios

Debt planning, issuance support, monitoring of use

Ratings agency reporting

Special projects

Business case development

Lease vs. buy analyses

Financial and operational project management

College Town project management

We are planning for the implementation of an updated budget development system as the second phase of the transition to the Workday financial system. The new budgeting system is expected to be used for the development of the fiscal year 2016 budget.

Holly G. Crawford, CPA, CMA, CIA, MBA
Senior Associate Vice President for Budgets and Planning and Deputy to the Senior Vice President and CFO
(585) 273-4734hcrawford@admin.rochester.edu

Cheryl H. Bennett, CHFP, MBA
Director of Budget Development and Management
(585) 275-8372
Responsibilities: Budget Planning, Development and Monitoring Staff Benefit Calculations and Monitoring, Supervision of the Central Administrative Budget Development and Cost Allocation Process and Management Reporting, Special Projects, and Analyses. c.bennett@rochester.edu